Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence.

When the President’s regulations expired on the 2nd October, ZiGs ceased to be legal tender and in fact ceased to have any legal existence ...

Zimbabwe has introduced a new gold-backed currency ... The new ZiG banknotes come in denominations of between 1 and 200. Coins will also be introduced to overcome the shortage of US coins, which ...

Economist and investor Lynette Zang sits down with Sound Money Defense League’s Jp Cortez for a powerful discussion on the ...

They join banknotes in our collection printed during a period of hyperinflation in Germany after the end of the First World War. Around that time, a loaf of bread cost approximately 428 billion ...

There are reservations about the new ZiG currency. In a note on Sunday ... a shortage of US coins. Zimbabwe's shortage of US coins has resulted in people receiving their change in sweets ...

Spread This NewsBy Staff Reporter  RENOWNED lawyer, Thabani Mpofu has poked holes on the legal status of the country’s latest ...

The Zimbabwe ZiG has stabilized in the past few weeks even as the country’s economy has deteriorated and gold prices have ...

Spread This NewsBy African Arguments COMMONLY called mbingas for their penchant for luxury, many of Zimbabwe’s richest men ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the ...

John Mushayavanhu, the governor or the Reserve Bank of Zimbabwe, displays new banknotes of the country's currency to reporters, in Harare, April 5, 2024. InFocus Business ...

Zimbabwe’s economic instability is deepening, deterring international investment and eroding confidence in the local market.